iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,270 Blog Posts

THE TRASH IS STEAMING HIGHER

It’s 2020 all over again. Cathy ARK names are shooting higher. Any stock with 15% of its float short is absolutely lit. Nothing can stop the cocaine party.

 

All of the nonsense is higher: ME, BFLY, SKLZ, GDRX etc.

I’m presently 10% UVIX, and 5% each of LMND, RKT and YALA, +460bps for the session. Had I held and not sold at the open, my gains would’ve been 7-8% for the day.

Truly egregious.

On a separate note, Stocklabs is now 12mo OB, first 12 mo OB since late 2020. The data is bullish for a continued run.

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